Ecuador: The Hidden Paradise Where A Couple Can Live Comfortably On $2,000 a Month or Less
Sell your winter clothes...and get ready for the adventure of a lifetime in the Land of Eternal Spring. Every cliché you've heard about living large on little...on even a retiree's budget...is true in Ecuador.
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Population: 15,439,429 (July 2013 est.)
Capital City: Quito
Climate: Tropical along coast, becoming cooler inland at higher elevations; tropical in Amazonian jungle lowlands
Time Zone: GMT-5
Language: Spanish (official), Amerindian languages (especially Quechua)
Country Code: 593
Coastline: 2,237 km
Read more articles about Ecuador below
- Best Places to Own Premium Water Views for Less than $150,000
Posted on March 11, 2014 by Laura Doyle
In Mexico, Ecuador and Costa Rica properties with stunning views can be bought for as little as $119,000, according to a new report by InternationalLiving.com. “A great view usually translates into a premium price tag. But if a buyer knows the right places to look, he can find properties with world-class vistas for much, much less than you’d expect,” reports InternationalLiving.com’s property correspondent, Margaret Summerfield.
- The Importance of a “Dream Retirement Overseas” Shortlist
Posted on March 10, 2014 by Dan Prescher
We’ve already lived in seven communities in four different countries. We’ve had some time to honestly assess ourselves and what we need to live somewhere for more than just a month or two a year. By now we have some pretty clear criteria for what we really need a location to provide.
The couple to my left, in their mid-70s, was a “good-ol’-boy” Texan and his pretty, soft-spoken wife. Both were raised as the children of sharecroppers. Across from them, the octogenarian of the group was a nuclear submarine engineer in his native Canada. And at the end of the table sat a former automotive repair-shop manager from California and his accountant wife.
- “A Low Cost of Living, Perfect Weather and Other Reasons Why We Moved to Salinas, Ecuador”
Posted on March 5, 2014 by Denver Gray
When Jo realized I was serious and that our move was a matter of weeks away, she said something I heard more than once before leaving the U.S: “I could never do something like that!” Of course, people have different reasons for thinking that way. And I’ll grant you, our move to Ecuador wasn’t what’s called “normal.” At 55 and 62 years of age we were supposed to be settling into a routine, shopping for rocking chairs…
We sold the house and had to decide what to do with all that stuff. So we took inventory—stuff we wanted to keep on one side of the ledger, stuff for the garage sale on the other. The idea was to get rid of all the things we didn’t need and keep all the things that we thought gave our life meaning and stability…the stuff we absolutely couldn’t live without.
- Save Thousands of Dollars by Decoding These Tax Terms (We’ll Show You How)
Posted on March 4, 2014 by Nick Hodges
As a wise man once said, “Forewarned is forearmed”…and that’s never truer than when it comes to taxes. Informing yourself of all the IRS regulations is a sensible idea—and could save you thousands of dollars. While it’s important for every American citizen to understand the phraseology of the regulations, if you’re thinking of living, working, or investing abroad, it’s even more important.
I can’t give you one good reason why Americans and Canadians are coming in droves to Ecuador…because there are dozens of very good reasons. There are so many that I can’t list them all here…but based on a recent trip there, I can tell you what some of the best reasons to live in Ecuador are.
In our years abroad, my wife, Suzan, and I have met expats who told us clearly that it was their intention to live someplace where they never saw another expat again. Although I admire the spirit and determination of this kind of total immersion, I can’t help but recall what an expat in the real estate trade in Mexico told us many years ago.
- Properties with Premium Views for Less than $150,000
Posted on February 28, 2014 by Margaret Summerfield
This west-coast destination in Mexico hit the headlines in 1963. John Huston filmed part of Night of the Iguana in Vallarta. The world’s press descended on the town to follow the romance between Richard Burton, a star in the movie, and Elizabeth Taylor. Many viewers simply wanted the real skinny on the famous Hollywood stars. But others were grabbed by Vallarta’s colonial architecture and sun-drenched beaches. Tourists and expats started to flock to this little fishing village. Today, around 50,000 North Americans live in Vallarta…
- How to Get By with a Little Help from Your Friends in Ecuador…
Posted on February 28, 2014 by Edd Staton
I recently watched the Grammy salute to the Beatles commemorating their performance on the Ed Sullivan show 50 years ago. Yes, I was among the 73 million households glued to the TV set on that historic night. A song that Paul and Ringo performed on the show, “A Little Help from My Friends,” got me thinking about how getting things done where I live in Cuenca, Ecuador is so much easier when you are open to the assistance of others.
A couple of years have passed since I made my way from northern Idaho to middle-of-the-earth Ecuador, but thanks to modern technology I’m able to keep up on the news and happenings from my friends back home. Recently though, it’s begun to feel as though I’m farther removed from them than by the space of a single continent.
- This Ecuadorian “Eco-Valley” Won’t Stay Undiscovered for Long…
Posted on February 26, 2014 by Wendy DeChambeau
This thick cover acts as one of the few remaining intact habitats for elusive pumas, jaguars, and other smaller felines. The endangered spectacled bear also calls the Intag home along with hundreds of varieties of exotic birds. As the condor flies, this cloud forest valley is not far from the market town of Otavalo. In fact, it’s only 35 miles away by road. But for years now that one-and-only road has been a narrow, mountain-hugging dirt track accessible only from the towns of Otavalo or Cotacachi.
It’s great to have step-by-step guides, especially for big and potentially complicated tasks. Moving yourself out of your home country to a completely new and different culture…and language…certainly qualifies as a big and complicated task. It involves many more steps than just five, but considering only the preparatory phase—the phase before the actual move—here are five essential steps to take before you move to Ecuador.
Although my wife, Suzan Haskins, and I write a lot about retiring overseas, we’re not officially retired. We write for a living, and even after we do reach official retirement age, I’d be very surprised if we didn’t continue our work writing, editing, and traveling. We know more and more folks in the same situation. They have no intention of retiring in the traditional sense and will probably work at something well past any official retirement marker or milestone they may pass.
- The Never-Ending Storyline of a Better Life Abroad
Posted on February 24, 2014 by Dan Prescher
I’m very lucky to be doing what I’m doing. I’m even luckier to be doing it from where I’m doing it, which right now is Ecuador. I’m a writer, and I trained a long time to do this, although not really on purpose. And I never thought it would lead me overseas. My undergraduate training was in journalism. Just the facts, ma’am. Who, what, when, where, how, and why…and maybe a job at the local newspaper. (Remember newspapers?)
- Find the Perfect Place to Live…and Put Some Money in Your Pocket
Posted on February 24, 2014 by Suzan Haskins
Figuring out how to make some extra money doing something you love is a wonderful thing. And many of my fellow expats are doing exactly that. If you’re looking for inspiration, I’d like to share some of those stories with you. In fact, we know of so many such stories that my husband Dan and I devoted an entire chapter of a new book we’ve written to this exact topic. (More about that in a moment.)
- Life Lessons from 12+ Years’ Experience Living Overseas
Posted on February 23, 2014 by Suzan Haskins
As we approach our lucky 13th year of living overseas, my husband, Dan Prescher, and I are fortunate to have shared so many wonderful, memorable experiences in so many far-flung corners of the world—from Southeast Asia to Europe, and nearly every country of Latin America. We’ve lived in Mexico, Panama, Nicaragua, and Ecuador… In fact, we’ve lived in more than one destination in some of those countries. We’ve learned to speak Spanish, we’ve bought and sold property…
- The Undiscovered Intag Valley: Ecuador’s Hidden Eden
Posted on February 20, 2014 by Wendy DeChambeau
Tucked into the western slopes of the Andes, 40 miles north of the capital Quito, the Intag Valley possesses that rare kind of climate in which nearly any plant will thrive. Farmers haul in harvests of everything from papayas and passion fruit to carrots and corn. Surrounding their scattered tracts of farmland is a dense jungle of towering palms, broad-leafed ferns and twisting vines. You’ll find more species of orchids than you can count, and a huge variety of bromeliads.
For many, Latin America conjures up images of steamy, wildlife-filled jungles and beautiful people lounging on tropical beaches, sipping umbrella-bedecked drinks. But there’s a whole other side to Latin America…regions where temperate—even cool—climates and jaw-dropping vistas of snow-covered volcanos are the order of the day.
I remember the day I told my neighbor Jo Alice that my wife Ann and I were selling our beautiful waterfront home in Maryland and moving to the beach town of Salinas on the Pacific coast of Ecuador. Jo Alice thought I was joking. I wasn’t. Why would I? In Ecuador our cost of living is $1,200 a month, the weather is perfect, and our condo has sweeping ocean views.
But nature abhors a vacuum, and I know of no one here simply staring out the window wondering how to spend their time. During four years of living in Cuenca I have been amazed to observe the many creative outlets foreign residents dream up to be active and productive. Free from the yoke of employment (although many expat-run businesses have sprung up) folks are starting foundations and volunteering, learning Spanish and teaching English, tending animals and growing food, traveling in Ecuador and far beyond its borders.
- Moving to Ecuador Saved Chuck and Kathy’s Retirement
Posted on February 15, 2014 by Wendy DeChambeau
Most mornings Chuck and Kathy Baumgarten can be found leisurely sipping coffee and enjoying the sunrise from their porch. It’s easy to see why if you visit their home. They have one of the most scenic vistas in all of Ecuador. Mount Imbabura seems to rise from their backyard. A 180-degree turn showcases Mount Cotacachi’s golden-hour glow. All the while the market town of Otavalo is nestled beneath them in the valley below.
2014 Fast-Track Ecuador Package
Quito, Ecuador – February 2014
Ecuador has it all: sophisticated historical cities, miles of unspoiled beaches, temperate mountain hideaways… perfect weather year-round… top-notch, low-cost medical care, low-cost health insurance… low-cost transportation (you won’t need a car)… overall, a very low cost of living.
- The Best Days of Your Life Are the New Normal in Ecuador
Posted on February 10, 2014 by Donald Murray
The place was packed; festive and noisy with a funky, thumping rhythm adding to the party atmosphere. It was a mixed crowd—some retired gringos along with a younger North American group accounted for about 60% with the rest a mix of European travelers and locals. Everyone was having a great time. My wife Diane and I were fortunate to snag a table. At the very moment a group stood to leave, I moved quickly to claim the space.
“Who remembers the economic tsunami of 2008?” Edd Staton asked. “Well, that’s how we got here. Before 2008, we had great jobs and were pulling down good money. Our retirement account was growing steadily and we had big plans for our retirement…which we thought was a long ways off…”
I’m about to head down the PanAmerican Highway to Quito, Ecuador’s sprawling capital, to attend this year’s Fast Track Ecuador Conference, where I’ll spend the better part of a week with hundreds of people who traveled thousands of miles to see this country for themselves.
For three days now, I’ve been telling you that in Ecuador, you can have it all…but at what price? What must you give up to make a good life here? International Living is, at times, accused of seeing the world through rose-colored glasses…of overlooking the bad and omitting the blemishes. If you’ve been here in Quito the past few days, I doubt you’d agree with that.
There are people who plan carefully for the future—folks who weigh all the advantages and disadvantages of major decisions, then make life changes in careful, graduated steps… My wife Ann and I are not those people. When we announced to family and friends that we were selling our home and moving to the beach town of Salinas, Ecuador, they were—to put it mildly—shocked. Looking back, I can’t say that I blame them.
Imagine if work involved saddling up and taking to the trail instead of being stuck in morning traffic, heading into the office. You don’t need to have a lot of money to work with horses overseas. If fact you don’t need to own much land or spend a fortune buying horses to set up your own business.
- Ecuador, Uruguay and Malta Boast Best Climates in the World
Posted on January 27, 2014 by Laura Doyle
InternationalLiving.com’s annual Global Retirement Index names Ecuador, Uruguay and Malta as the best three countries in the world when it comes to climate. Their temperate weather throughout the year, moderate rainfall and little risk of natural disaster saw them rise to the top of the Climate category, one of eight categories in the Index, which details the top countries in the world for retirement in 2014.
- An Expat’s Worst Spanish Mistake—It Was All Part of the Process
Posted on January 24, 2014 by David Hammond
John Brenner, a Minnesotan in his late 50s, was traveling in South America looking for a new place to live. The next leg of his trip was from Bogotá, Colombia to Lima, Peru. He was joined by three others, also Lima bound, whom he had met in the Bogotá hostel where he stayed. After an all-night bus ride they reached Ecuador’s border, where they crossed on foot. Once in Ecuador the four had a stroke of luck.
- These Top Three Countries Offer the World’s Best Benefits and Incentives for Retirees
Posted on January 23, 2014 by Laura Doyle
Panama, Costa Rica and Ecuador offer the most attractive programs in the world for retirees—wooing foreign pensioners with special visas and significant discounts on everything from airfare to health care, reports InternationalLiving.com.
You have probably heard of Cuenca. It’s Ecuador’s most popular retirement haven, home to thousands of contented expats, colonial architecture, verdant parks, galleries, museums, and plenty of bars and restaurants. But that’s just the city itself. Since arriving, my work with a local tour company has helped me uncover some of the best day trips.
For any careful investor it’s important to understand not just the current trend but rather where we’re headed. As such, keep an eye toward the future for the growth leaders of tomorrow. Since 2007, emerging markets have been outspending American consumers. Take a look at the charts here to see how the international growth/redistribution of current consumption trends will change the landscape of international business.
- Why Wait? “Perfect Weather, Low Costs, Incredible Views”
Posted on January 20, 2014 by Denver Gray
There are people who plan carefully for the future—folks who weigh all the advantages and disadvantages of major decisions, then make life changes in careful, graduated steps… My wife Ann and I are not those people. When we announced to family and friends that we were selling our home and moving to the beach town of Salinas, Ecuador, they were—to put it mildly—shocked.
Most mornings Chuck and Kathy Baumgarten can be found leisurely sipping coffee and enjoying the sunrise from their porch. It’s easy to see why if you visit their home. They have one of the most scenic vistas in all of Ecuador. Mount Imbabura seems to rise from their backyard. A 180-degree turn showcases Mount Cotacachi’s golden-hour glow.
- Five Spots Where You Can Find Premium Views for Less than $150,000
Posted on January 20, 2014 by Margaret Summerfield
A great view usually translates into a premium price tag. But you can afford a home with stunning vistas if know the right place to look. For example, I know of one Pacific coast town where a beachfront condo with Californian-style ocean views and a similar lifestyle will only set you back $119,000. You’d need at least three times that to get close to the beach in California.
Upcoming Event in Ecuador
Live Well in Ecuador On Your Social Security Check
Event Date: Feb 07, 2013
Fast-Track Ecuador: Lifestyle & Opportunity Conference
February 7-9 - Quito, Ecuador
You can afford to retire, and in style! An apartment with spectacular views of the lush Andes mountains or blue Pacific Ocean…a colonial city where the sun shines every day… fresh, healthy food…friends who share your interests… household cleaning help for just $10… You can have it all… Join us in Ecuador this February for our Fast-Track Ecuador: Lifestyle & Opportunity Conference and you'll discover a place where you can live life like it’s meant to be lived.
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